Harrison Street Asset Management (HSAM) has sold a 12-property U.S. student housing portfolio to affiliates of The Scion Group and a global institutional investment manager.
The sales price is $910 million.
The transaction is the largest student housing portfolio sale completed in 2026.
The portfolio, amassed over the past decade and spanning five HSAM fund vehicles, includes 12 properties totaling 7,578 beds across 10 states and 12 universities, including Arizona State University, Auburn University and the University of Florida.
“The transaction represents one of the largest student housing portfolio dispositions in recent years and underscores the continued depth of institutional demand for student housing exposure, driven by durable fundamentals, constrained new supply, and strong enrollment trends at leading universities,” said Christopher Merrill, co-founder and global CEO at Harrison Street Asset Management. “Building on our decades of experie
